Replies to post #6419 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[goforthebet]

hi mk,

I know that feeling and I guess we all do. Nobody can have a perfect timing and buy the exact bottom or sell the exact high.

one tip is not buying ALL at one point. split it in 4 or more parts and start buying and then watch which direction it is going. wait for it to come back. don´t chase it.

same now. don´t sell with a loss. it will go to 13.00 and higher again. I am sure you will be green at some point. we do not know when, but it will happen.

if you have more cash try to add and lower your average. or just wait it out.

don´t worry, it will be ok. this stock was at 32 dollar last year when gold hit 1380. we may eventually see 25-30 again this year.

good luck

[Badfoot]

MK,Goforthebet hit the nail on the head.I also know that feeling all too well.The worser stomack type of feeling is being in a position jumping out w/little profit and watching it go up,up and on up when I could have 10 folded or more my profi.I just went through that phase.Had to average down w/JDST cause of a lack of patience.Remember time is on our side,just need patience for it to work for us.FTUA!!!

[Stoquer1]

Best advice with trading admit you were wrong and cut your losses quick, and let your winners run. I know that is easier to say than do but when ever I get in a slump I revert back to that and keep things simple.Find your own style that works for you and dont pay too much attention to all the analyst B.S. articles.Try to learn from your mistakes and when you start getting too emotional with your trades step away. If you miss a trade there will always be another one coming.The markets are like an endless train always another one coming.If you get in and out with a profit no matter how small you are on the right track.Best of luck